Then landlords tried putting a cap on the utility bills, for example: anything over $300 tenant pays, but students didn't like it because they thought everything was included and now they're getting a random bill which they didn't budget into their expenses.

I didn't think it mattered much but thought I'd double check.

I thought that usually you could negotiate more with seller financing as to the terms, down payment, interest rate, etc.

I'd love to hear some thoughts on the current market in Medford and surrounding areas or any experience that people have had with the area. 

Initially, I thought this was the perfect scenario for a buy and hold investor - acquire a property that is already rented and cashflowing, no brainer, but this hasn't been the case.  

So you'd want to make sure the ARV was certainly in the higher end of that range 60k-150k range.Hopefully this doesn't discourage you just wanted to offer some quick thoughts and other things to think about.  

They suggested a couple more repairs after I engaged them, and within two weeks we had a few applications for tenants. 

Where I would summarize your place right now is just swinging the door open to a universe you only thought had one planet.  

I actually offered on one which I thought was a good deal but after the inspection it turned out to be way too much for me to fix for my first deal.Many of the multifamily houses I am finding are going around 350-450k.  

I have done a foundation repair once and it was not as bad as everyone thought.